ALBANY-Governor George Pataki presided over Tuesday's ceremony revealing the successful negotiations that will bring a consortium of the world's 12 largest computer-chip makers to the University at Albany's Center of Excellence in Nanoelectronics.
MEXICO CITY-The properties include a 336,000-sf office building here and two industrial parks totaling 1.7 million sf. Proceeds will be used to finance retail and residential development in the country.
NEW YORK CITY-Stephen L. Green bought the building in 1997 for $36.6 million. Insignia began a marketing campaign last summer, and after two deals fell through, Moinian won out over a local bidder. A hard contract was signed last Friday.
TOLEDO, OH-Readymade cake frostings, baking mixes and pancake mixes will be produced at the former General Mills facility. The property was acquired as part of International Multifoods 2001 buyout of Pillsbury's dessert and specialty products business.
HAINAN ISLAND, CHINA-Located on a four-mile stretch of Yalong Bay beachfront property, the Sheraton Sanya Resort features 49 suites, a 21,500-sf spa and function space for 1,400 guests.
VIENNA-The 570-key hotel will close down for a year while it renovates all of its guestrooms and adds a conference center, meeting space, a full-service gym, day spa, restaurant and bar.
CHOCTAW, MS-The 300-key property, scheduled to open in 2006, will be located at the Pearl River Resort here. It will be built and operated by the Mississippi Band of Choctaw Indians. Opening this summer at the same property will be a Hard Rock Beach Club.
MELBOURNE-Scheduled to open time for the 2006 Commonwealth Games, the ING project will include waterfront retail, office, space, entertainment venues, a hotel and a fire station.
NEW YORK CITY-The REIT discloses a blizzard of recent acquisitions totaling about 3.5 million sf. Closed deals include 11 shopping centers and two development projects, while deals on 14 additional buys are expected to be final be the end of Q1.
BALTIMORE-The final papers were signed Friday on DLC Management Corp.'s $13-million acquisition of Mount Clare Junction. GE Capital takes home nearly $13 million for the grocery-anchored property.